VS
When evaluating costs, IBQT features a management fee (MER) of 0.22%, compared to 0.28% for HEWB. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
IBQT
HEWB
| AuM | $1.00 M | $355.77 M |
| Management Fees | 0.22% | 0.28% |
| Exp. ratio | 0.22% | 0.28% |
| Tracking Difference | - | -0.82% |
Historical performance and flows
As of August 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IBQT | - | - | - | - | - |
HEWB | +0.98% | +16.86% | +34.98% | +67.78% | +157.28% | |
| Flows | IBQT | - | - | - | - | - |
HEWB | +$4 M | +$15 M | +$27 M | +$26 M | +$33 M |
IBQT vs HEWB exposure
Countries
IBQT
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
IBQT
Exposure data will be available soon
HEWB
Finance
100.00%
As of August 12, 2026
Top 10 Holdings
IBQT
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
IBQT
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
IBQT
HEWB
| Provider | iShares | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Cryptocurrencies, Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | - | 0.00% |
| Meets ESG criteria | - | No |
| Inception Date | August 5, 2026 | January 23, 2019 |
Frequently asked questions about IBQT and HEWB
Which ETF is larger by assets under management: IBQT or HEWB?
As of August 12, 2026, IBQT manages $1.00 M in assets, while HEWB manages $355.77 M. HEWB is the larger fund by AUM.
How are IBQT and HEWB managed?
IBQT is actively managed by iShares. It does not track an index. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
How do the fees of IBQT and HEWB compare?
IBQT has an expense ratio of 0.22%, while HEWB has an expense ratio of 0.28%.
Recent articles about IBQT and HEWB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.